Housing and mortgage rates rise as refinancings surge
Area banks report high mortgage activity with frequent calls about refinancing. Conventional rates hover near 11 percent, with expectations they may fall to about 10 percent as banks secure cheaper funds. Borrowers seek savings, while lenders urge rate drops of at least three points before refinancing.
MENTIONED IN THIS ARTICLE
Carolyn Knill
Fredericktowne Banke and Trust Co
Nevin Baker
Frederick County National Bank
Knill
Harris
Missing Frederick teen Garner Believed At Elm Street School
Frederick County sheriff's office seeks information on 16 year old John William Garner missing since 11 am March 5. He is a white male, 5'8", 123 pounds with brown hair blue eyes and wearing Levi blue jeans brown work boots and a blue black checkered jacket plus silver wire frame glasses. Call 694-2071 or Frederick County Crime Solvers at 664-3200 with leads.
MENTIONED IN THIS ARTICLE
John William Garner
Rocky Springs
Frederick
Frederick County Sheriff's Department
Garner
Elm Street
Frederick City
Sheriff's Department
Frederick County
Maryland Senate bars tax break for exclusive Burning Tree Club
The Maryland Senate voted against a tax break for the Burning Tree Club for excluding women as members or guests. Meanwhile Guaranty Mortgage plans a refinancing seminar next week led by Ms. Harris at the Frederick Quality Inn, aimed at about 150 attendees. Hoff from F&M notes banks prefer adjustable mortgages amid falling open market rates.
MENTIONED IN THIS ARTICLE
Annapolis
Maryland Senate
Burning Tree Club
Washington, D.C
Guaranty Mortgage
Harris
Frederick Quality Inn
Buckeystown Pike
F&m
Hoff
Frederick County Population Shifts With Building Boom
Population estimates show 131000 residents in Frederick County ranking second, while Adamstown holds the least populated spot with 2997. The Maryland Department of State Planning plans to lower average household size from 2.97 in 1980 to 2.82 in 1960, countered by a building boom that issued 1804 permits in 1985, a notable rise over the past five years. David Rice
MENTIONED IN THIS ARTICLE
Adamstown
Maryland Department of State Planning
Frederick County
Annexation of Wormald property near Walkersville eyed
The planning board approved annexing the Wormald site to extend city limits north to the Monocacy River. Traffic upgrades on Md 28 at Trading Lane and a new road to Md 355 are required. Construction must be phased to limit school impact. County commissioners review next week. public hearing set for next Thursday.
MENTIONED IN THIS ARTICLE
Waterside
MD. 26
Walkersville
Gray
Wormald
Planning Board
MD. 28
Monocacy River
Families of shuttle crew issue statement of thanks to world
Families of the seven astronauts killed in the space shuttle Challenger explosion issue a thank you message drafted with Johnson Space Center help. The unsigned statement dated Tuesday expresses pride in the crew and gratitude for global sympathy while noting the tragedy and ongoing space exploration.
MENTIONED IN THIS ARTICLE
Aswan
Freee Space Center
Houston
51-L
Johnson Space Center
Dick Scobee
Mike Smith
Judy Rescik
Ellison Onizuka
Rex McNair
Gregory Jarvis
Christe McAuliffe
Ancient village site added to Frederick County National Register
An archeological village near Nolands Ferry on the Potomac in southern Frederick County joins the National Register. Evidence suggests continuous occupation 8500 B C to 1800 A D with finds of limestone pottery and rhyolite tools. Also listed is the Gambrill house known as Boscobel built in 1868.
MENTIONED IN THIS ARTICLE
Potomac
Nolands Ferry
Frederick County
B.C
Monocacy River
Spencer Geasey
Monocacy
Gambrill
MD. 355
James Gambrill Sr
National Park Service
Also Mentioned on This Page
Dang CS
Senate
Associated Press
David Rice
Thara
White
Toy Public Affairs Management
Jack Riley
The
Center
Public Information
Evandrea
Jennifer Dale
Coca Bay
Belle Fleur
Eid Fe
Tom Meacham
Honda
Harry Truman
Triangle Motors
W. Patrick St
Bon-Ton
Everly
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